NOT LISTED FOR SALE

1615 Snapper Ln Unit 2 Carolina Beach, NC 28428

Estimated Value: $781,000 - $999,000

4 Beds
4 Baths
2,480 Sq Ft
2005 Built

Last Sold August 01, 2023

Last sale price $800,000 $323 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,513/month

98 Days on Market

Highlights

  • Water Views
  • Second Kitchen
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of August 2023

Spacious Vacation Rental Home located in the heart of Pleasure Island and 2 Blocks from the Beach. This 4 Bedroom, 4 Bath Home is equipped with everything that you need including an extra living area to lounge around with a large flat screen TV, an elevator, outdoor tiki bar with grill & firepit & lounging, 4 porches, Ocean Views and More! Updated Features Include granite counters, tile backsplash, custom cabinets, wood floors, extensive crown moldings, and an open staircase. Gross Rental Income is over 50K per year with over 35K booked for 2023 already. What are you waiting for, this is the Beach House you have been waiting for!

Last Agent to Sell the Property

Elisa Roels

Cape Fear Realty Group, LLC License #274940 Listed on: 03/16/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 2005

Lot Details

  • Fenced Yard
  • Wood Fence

Parking

  • 2 Parking Spaces

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,480 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Second Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • Property has a Home Owners Association
  • 1615 Snapper Lane HOA

Listing and Financial Details

  • Assessor Parcel Number R09017-016-007-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,534

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Other
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 2nd Kitchen, 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Furnished, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 332.66
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 2480.00
  • Total Heated Primary Separate Sq Ft: 2480.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • HOAAssociationName: 1615 Snapper Lane HOA

Lot Info

  • Deed Page: 87.00
  • Lot Dimensions: 25x100
  • Lot Water Features: Third Row
  • Zoning: MH
  • Lot View Type: Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R09017-016-007-002
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 3534.25

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jul 22, 2023
Sold by
Barber Chris and Barber Trivinia
Bought by
K5 Ocean Properties Llc
Seller's Agent
Elisa Roels
Cape Fear Realty Group, LLC
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
412
Current Estimated Value
$847,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,812
Avg. Annual Appreciation
2.72%
Original Mortgage
$640,000
Outstanding Balance
$624,447
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$223,365

Purchase Details

Listed on
Jun 19, 2016
Closed on
Sep 9, 2016
Sold by
Deaton Robert and Deaton Louise
Bought by
Barber Chris and Barber Trivinia
Seller's Agent
Justin Donaton
Coastwalk Real Estate, LLC
Buyer's Agent
Julie Damron
Coastwalk Real Estate, LLC
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$373,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Brc Kure Beach Llc
Bought by
Deaton Robert and Deaton Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
K5 Ocean Properties Llc $800,000 None Listed On Document
Barber Chris $415,000 None Available
Deaton Robert $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K5 Ocean Properties Llc $640,000
Previous Owner Barber Chris $373,500
Previous Owner Deaton Robert $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $800,000 -3.0% $323 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $825,000 +98.8% $333 / Sq Ft
09/15/2016 09/15/16 Sold $415,000 -2.4% $167 / Sq Ft View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
06/19/2016 06/19/16 For Sale $425,000 -- $171 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $0 $527,500 $0 $527,500
2022 $3,534 $527,500 $0 $527,500
2021 $3,640 $527,500 $0 $527,500
2020 $3,314 $414,300 $0 $414,300
2019 $3,314 $414,300 $0 $414,300
2018 $3,232 $414,300 $0 $414,300
2017 $3,446 $433,400 $0 $433,400
2016 $2,843 $331,400 $0 $331,400
2015 $2,681 $331,400 $0 $331,400
2014 $2,615 $331,400 $0 $331,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100374392

Hive MLS

APN: R09017-016-007-002